- Company will seek approval for name change at Annual General Meeting scheduled for May 10, 2021
- Name change symbolizes company’s resurgence as relevant contender in U.S. cannabis industry.
- Company currently operates seven Chalice Farms dispensaries throughout the Portland area.
Golden Leaf Holdings (CSE: GLH) (OTCQB: GLDFF), a proven, consumer-driven cannabis company in both the medicinal and recreational marijuana market segments, is planning to make an official corporate name change (https://cnw.fm/I4VDo). The company announced that it will be changing its name to Chalice Brands Ltd. at its annual and special meeting (“AGM”), which is slated for May 10, 2021.
“With the hard work of the turnaround behind us, we continue to gather momentum and galvanize management behind the Chalice brand,” stated CEO Jeff Yapp. “Our Chalice Farms stores and our Chalice chews are the pride of our business. As we put the Golden Leaf era behind us, this name change serves to symbolize our resurgence as a relevant contender in the U.S. cannabis industry, driven by leadership in our home market of Oregon.”
There are currently seven Chalice Farms dispensaries throughout the Portland area. The open, inviting locations are recognized for the enjoyable consumer experience they offer as GLF has focused on creating a welcoming atmosphere, a wide array of compelling products and an invaluable resource for its customers, regardless of their product experience.
In addition to offering some of the highest-quality products from third-party companies, Chalice Farms has its own product line: Chalice Chews. This nutritionally enhanced and award-winning fruit edibles line offers a wide range of flavors, from CBD Green Apple, Kiwi Strawberry and Lemon Ginger to Tangerine, Tropical and Acai Berry.
Chalice Chews are an ideal option because they offer a wide range of options, including formulations designed to help support the body and mind, recover from a workout, enjoy a natural energetic zip or slide gently into a great night’s sleep (https://cnw.fm/KNwD0).
In addition to obtaining approval for the name change at the next AGM, company officials plan to seek approval for a share consolidation with the objective of bringing outstanding common shares to approximately 65 million. Details of agenda items for the meeting will be included in the management information circular mailed later this month. Company officials have noted that the name change and share consolidation are both expected to receive overwhelming support.
For more information, visit the company’s website at www.GoldenLeafHoldings.com.
NOTE TO INVESTORS: The latest news and updates relating to GLDFF are available in the company’s newsroom at https://cnw.fm/GLDFF
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